Word: clouts
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...deep and abiding faith in the American system was reaffirmed Sunday, April 28, in the verdict in the Mitchell-Stans trial. That is, a person with money and/or political clout does not go to jail...
Harvard bounded out to a 5-0 lead after one-and-a-half innings as LaCivita drove in four of the runs. His single in the first sent shortstop Ed Durso across the plate and his first circuit clout of the afternoon drove in Durso and Dan Williams, both of whom drew walks. The other run scored as LaCivita came in on a Dave St. Pierre grounder that the UMass shortstop bobbled...
...verdict represented for Richard Nixon the first substantial good news to come out of his Administration's scandals in a long time. Mitchell, 60, and Stans, 66, were the first former cabinet officers jointly to stand trial in U.S. history. The charges involved intrigue, power politics and the clout of big money on the lofty heights of the Government. The 59 witnesses who appeared during 31 days of testimony included two former chairmen of the Securities and Exchange Commission plus such Watergate luminaries as John W. Dean III and Rose Mary Woods...
...pursuit of maximum return means that, from a total endowment income of $63 million in 1972, the University directly reinvested $5.3 billion in income, while another $10.7 billion in income, including capital gains, was indirectly reinvested. This policy assures that Harvard's profits and financial clout within such companies as Gulf, Standard Oil of New Jersey, ITT, and Raytheon can rise. But the pursuit of profits and portfolios by Harvard-affiliated bankers has meant that the workers face unnecessarily low wages, while undergraduate and graduate students face cutbacks in financial aid which threaten to make Harvard a school...
...usually began his syndicated column "In the Nation" with a recitation of what some political leader had told him and then vented his opinions about it-generally conservative. Though he wrote in a ponderous style, his comments invariably commanded the attention of political leaders. "He had a lot of clout where it counted. He sure as hell wasn't for the subway trade," remembers Fellow Columnist William S. White. "He had enormous influence among the movers and shakers in Washington...